The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

1902 Wellington Road, Los AngelesCA, 90016(Residential Income)

These six units are investment opportunity in a quiet residential pocket of Los Angeles known as Wellington Square. Wellington Square is located between the 10 Freeway and Washington Boulevards at the edge of the West Adams district. The subject property is one of only a handful of apartment complexes in the area. The complex consists on a corner lot of over 14,000 square feet with R3 zoning. Five of the units have two bedrooms with one bath and Unit #2 has two bedrooms with two baths. There is covered parking and plenty of open space for tenant enjoyment. Three units have new paint interior, new wood floor or carpet. All windows are new dual glass. According to Building & Safety up to 17 units can be built there (check w/city). Buyer agrees to cooperate with sellers 1031 exchange. PLEASE DO NOT DISTURB TENANTS.

Price

Sold Price:$1,330,000Sold Date:05/06/2015

County:
Los Angeles

Sq ft:4,550 (approx)

MLS#: 15819079

Status: Closed

Description

These six units are investment opportunity in a quiet residential pocket of Los Angeles known as Wellington Square. Wellington Square is located between the 10 Freeway and Washington Boulevards at the edge of the West Adams district. The subject property is one of only a handful of apartment complexes in the area. The complex consists on a corner lot of over 14,000 square feet with R3 zoning. Five of the units have two bedrooms with one bath and Unit #2 has two bedrooms with two baths. There is covered parking and plenty of open space for tenant enjoyment. Three units have new paint interior, new wood floor or carpet. All windows are new dual glass. According to Building & Safety up to 17 units can be built there (check w/city). Buyer agrees to cooperate with sellers 1031 exchange. PLEASE DO NOT DISTURB TENANTS.

Listing Information

Property Type: Cluster, Other

Lot Size:0.32 Acres

Square Feet:4,550 (approx)

Year Built:1957

Units:6 Total

Neighborhood

Room Information

Additional Room Information

Laundry:No Laundry Facility

Interior Features

Cooling:None

Heating:None

Exterior / Lot Features

Parking:6 Parking Spaces

Zoning:LAR3

Driving Directions

Between the 10 fwy and Washington Blvd.

Financial Considerations

Tax/Property ID:
5061001015

Listing Price History

Los Angeles Real Estate

Los Angeles is located in California.
Los Angeles, California 90016 has a population of 3,804,503.

The median household income in Los Angeles, California 90016 is
$49,745.
The median household income for the surrounding county is $56,241
compared to the national median of $53,046.
The median age of people living in Los Angeles 90016 is
34.1 years.

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Courtesy: RE/MAX Mega Group Myung Seung Shin;

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.